property

LHN Group acquires Geylang property for $13.5 mil - THE EDGE SINGAPORE

Property

LHN Group acquires Geylang property for $13.5 mil

The property, which will house 30 units on a land size spanning up to 305.6 sqm, is located at 115 Geylang Road.
CDL, Bukit Sembawang and UOL are analysts' top picks amid brisk March property sales - THE EDGE SINGAPORE

Broker's Calls

CDL, Bukit Sembawang and UOL are analysts' top picks amid brisk March property sales

The Singapore property market saw a record quarter in the 1Q2021 with sales of around 3,400 units.
Briefs: Eden bulk purchase rumoured to be $300 mil; Singaporean charged for nickel scam - THE EDGE SINGAPORE

Global Economy

Briefs: Eden bulk purchase rumoured to be $300 mil; Singaporean charged for nickel scam

Bulk purchase at luxury condo Eden rumoured to be $300 million and other news this week.

Property

Hong Lai Huat to jointly cooperate with Joe Green to develop light-weight concrete panel manufacturing plant

Shares in Hong Lai Huat closed 0.7 cent lower or 6.8% down at 9.6 cents on March 22.

Property

Yanlord posts lower m-o-m total contracted pre-sales of RMB2.54 bil in February

Contracted pre-sales in February stood 110.3% y-o-y higher, but 51.4% lower m-o-m.
City Developments looks beyond Sincere - THE EDGE SINGAPORE

Property

City Developments looks beyond Sincere

City Developments attempts to put ill fated acquisition of Sincere behind it and focus on unlocking value in Singapore
Amara's new JVC enters into agreement to acquire freehold residential development at Surrey Road for $47.8 mil - THE EDGE SINGAPORE

Property

Amara's new JVC enters into agreement to acquire freehold residential development at Surrey Road for $47.8 mil

The site has a total area of 11,977 sqft. It is allowed for residential development with a gross plot ratio of 2.8.
Yanlord posts more than double total contracted pre-sales of RMB5.22 bil in January - THE EDGE SINGAPORE

Property

Yanlord posts more than double total contracted pre-sales of RMB5.22 bil in January

During the month, about 73.4% of the contracted pre-sales were contributed by Nanjing, Suzhou, Shanghai, Hangzhou and Nantong.
Wing Tai Holdings posts 73% growth in 1H20 earnings to $56.8 mil - THE EDGE SINGAPORE

Results

Wing Tai Holdings posts 73% growth in 1H20 earnings to $56.8 mil

Earnings per share (EPS) for the period came in at 6.53 cents on a fully diluted basis.
Boustead Projects to acquire 49% interest in Vietnam’s KTG Industrial Bac Ninh Development for about US$6.9 mil - THE EDGE SINGAPORE

M&A

Boustead Projects to acquire 49% interest in Vietnam’s KTG Industrial Bac Ninh Development for about US$6.9 mil

The proposed acquisition is said to be made in the “ordinary course” of the company’s real estate business.
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